One or more foreign corporations and one or
more domestic corporations may be merged or consolidated in the
following manner, if such merger or consolidation is permitted by
the laws of the state under which each such foreign corporation
is organized:
(1) Each domestic corporation shall comply with the
provisions of this title with respect to the merger or
consolidation as the case may be, of domestic corporations and
each foreign corporation shall comply with the applicable
provisions of the laws of the state under which it is organized.
(2) If the surviving or new corporation in a merger or
consolidation is to be governed by the laws of any state other
than this state, it shall comply with the provisions of this
title with respect to foreign corporations if it is to transact
business in this state, and in every case it shall file with the
secretary of state of this state:
(a) An agreement that it may be served with process in this
state in any proceeding for the enforcement of any obligation of
any domestic corporation which is a party to the merger or
consolidation and in any proceeding for the enforcement of the
rights, if any, of a member of any such domestic corporation
against the surviving or new corporation; and
(b) An irrevocable appointment of the secretary of state of
this state as its agent to accept service of process in any such
proceeding.
The effect of the merger or consolidation shall be the same
as in the case of the merger or consolidation of domestic
corporations, if the surviving or new corporation is to be
governed by the laws of this state. If the surviving or new
corporation is to be governed by the laws of any state other than
this state, the effect of the merger or consolidation shall be
the same as in the case of the merger or consolidation of
domestic corporations except as the laws of the other state
provide otherwise.
(3) At any time prior to the effective date of the articles
of merger or consolidation, the merger or consolidation may be
abandoned pursuant to provision therefor, if any, set forth in
the plan of merger or consolidation. In the event the merger or
consolidation is abandoned, the parties thereto shall execute a
notice of abandonment in triplicate executed by an officer for
each corporation executing the notice, which must be in the form
of a record. If the secretary of state finds the notice conforms
to law, the secretary of state shall:
(a) Endorse on each of the originals the word "Filed" and
the date of the filing;
(b) File one of the triplicate originals in the secretary of
state's office; and
(c) Issue the other triplicate originals to the respective
parties or their representatives.
[2004 c 265 § 21; 1986 c 240 § 35; 1982 c 35 § 91.]
NOTES:
Intent -- Severability -- Effective dates -- Application -- 1982 c 35: See notes following RCW 43.07.160.